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Nationally Known Florists In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$500,000 (USD)
Sales Revenue:
$2,376,755 (USD)
Cash Flow:
$556,276 (USD)

Nationally Known Florist. Two location package. One of the best florist deals on the market in NY State! This name has been around for over 100 years. This business would be ideal for a hands on owner operator. Pre-pandemic the business had consistently grossed over $2.3 mil each year. 2020 sales dropped, but 2021 has seen a resurgence and continues to trend upwards. A cash flow of $556,276.00 is a realistic expectation for 2021 with an owner-operator in place. Please note that one of the stores must be relocated within the next 6 months and that rental expense would also have to be factored into the cash flow. Even with these expenses, the $500K asking price is a steal! Over 60% of sales are purely retail with the other 40% coming from events. Over $200K in event work is already booked for fall 2021. The business is fully staffed with 15 F/T employees. The sale price includes the name, all goodwill, assets, furniture, fixtures and equipment (including multiple delivery vehicles). We are seeking a serious and financially qualified buyer with at least $550K in liquid funds to cover the asking price and inventory. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34391 for instant access to this business information.

Business Operation

Reasons for selling:

Out of state owner.

Employees:
15FT
Years established:
1921

Other Information

Support & training:

Seller will train

Financing available:

500,000.00 Down & Possible for a well qualified buyer with good credit and a personal guarantee.

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